On September 25, 2008, Ford Credit Canada Limited (FCCL) completed two retail loan securitization transactions, receiving immediately available proceeds of approximately $0.9 billion. In order to carry out the transactions, newly established trusts sponsored by FCCL purchased two pools of retail conditional sale contracts from FCCL. The trusts financed the purchases by issuing asset-backed notes to Canadian bank-sponsored securitization conduits.
FCCL and the trusts were represented by McCarthy Tétrault LLP with a team consisting of Dirk Rueter, Richard O'Doherty, Candace Pallone, Lynn Parsons, Jo-Anna Brimmer, Aaron Klopp (corporate), Jim Morand (tax) and Kevin McElcheran (bankruptcy).
Osler, Hoskin and Harcourt LLP advised the purchasers of the asset-backed notes, with a team consisting of Rick Fullerton and Todd Mandel.
FCCL and the trusts were represented by McCarthy Tétrault LLP with a team consisting of Dirk Rueter, Richard O'Doherty, Candace Pallone, Lynn Parsons, Jo-Anna Brimmer, Aaron Klopp (corporate), Jim Morand (tax) and Kevin McElcheran (bankruptcy).
Osler, Hoskin and Harcourt LLP advised the purchasers of the asset-backed notes, with a team consisting of Rick Fullerton and Todd Mandel.
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Lawyer(s)
Dirk E. Rueter
Kevin P. McElcheran
Candace M. Pallone
James G. Morand
Lynn Parsons
Richard J. Fullerton
Richard O'Doherty
Jo-Anna Brimmer
Todd Mandel